Salomon v Salomon & Co. Ltd (1897) Introduction:The Salomon v Salomon & Co. Ltd (1897) case is a cornerstone of modern corporate law, marking a turning point in how companies are viewed legally. It established that a company, once incorporated, … Read more
Law of Depository Receipts in India
Section 2(48) of Companies Act, 2013- Indian Depository Receipt “Indian Depository Receipt” means any instrument in the form of a depositary receipt created by a domestic depository in India and authorized by a company incorporated outside India making an issue … Read more
Foreign Exchange Management Act, 1999, Some Selected Questions
Sec. 6 – Capital account transactions. —(1) Subject to the provisions of sub-section (2), any person maysell or draw foreign exchange to or from an authorised person for a capital account transaction.(2) The Reserve Bank may, in consultation with the … Read more
History of Corporate Governance
16th and 17th centuries: The history of corporate governance begins with the formation of major chartered companies like the East India Company, the Hudson’s Bay Company, and the Levant Company, which created conflicts between investors and managers. Mid-1970s: The federal … Read more
Recent Updates in Cryptocurrency & Digital Assets –
Introduction: Cryptocurrency and digital assets have emerged as transformative forces in the global financial landscape, disrupting traditional systems and creating new avenues for investment and innovation. This essay explores the multifaceted legal aspects surrounding cryptocurrencies and digital assets, delving into … Read more
One Person Company
The One Person Company (OPC) concept was introduced under the Companies Act of 2013. An OPC is essentially a business established and managed by a single individual, as indicated by its name. It enjoys all the attributes of a traditional … Read more
India Canada Relationship: Just (Trudeau) In the Troubled Water
Developments Post G-20 Meet between both the PMs In light of the strained diplomatic relations between the two nations, Canada has accused New Delhi of involvement in the murder of its ‘citizen‘ Hardeep Singh Nijjar in Canada. Nijjar, who was … Read more
Corporate Form
What is the meaning of Body Coporate? Sec. 2 (11) of the Indian Companies Act, 2013 Body corporate or corporation includes a company incorporated outside India, but does not include—(i) a co-operative society registered under any law relating to co-operative … Read more
History of Stock Exchanges in india
Introduction. Premchand Roychand, whose name is synonymous with Indian business history, rose from modest beginnings to become a trailblazing figure in the financial sector. The remarkable development of his character, values, and aspirations over the course of his life, from … Read more
Promotion of A Company
Introduction:Being the first step in a company’s formation, promotion is an important stage in the life of a business. It entails developing a business concept, gathering the necessary funding, and setting up the legal framework for the incorporation of the … Read more